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My MARA Play of the Week gameplan
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Good afternoon members,
Markets are enjoying a great comeback since yesterday afternoon and that’s great for my Market Navigator “Trade of the Day” which was SPY calls for today.
I’m not watching to see if SPY can rally up toward the $605 area by mid week!
Let’s switch gears a little and talk about my “Play of the WEEK” which is my highest conviction Monday morning pre market alert. The goal here is to get into 1 trade each Monday with a target of 30 to 50% gains and a hold time around 3-5 days.
These options trades are typically right at the money and about 2-4 weeks out in time.
Trades like AMZN from last week which saw about 100% potential in just 2 days!
*Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.
And CVX puts which saw about 100% potential shortly after the alert.
*Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.
These are the types of movers I look for each and every week and while not all trades are 100% winners and some don’t pan out as expected, I am very confident that you can learn a lot with my new Weekly Wiretaps, Monday “Play of the Week” service.
So what am I playing this week and how is it going?
This week I got into MARA puts, a few weeks out to buy myself some time of course.
Right now MARA is trading around $17.70 and I am in the $18 dollar puts, so “in the money” which is good. My goal here is to see if MARA drops back into the mid $16s where I’ll look to close my put position for hopefully a strong winner.
For the record, these puts could have been purchased for just $100 each, and that’s another goal of mine to find lower price options that many of us can learn from without breaking the bank to buy just 1 contract!
Weekly Wiretaps - My single highest Monday morning conviction options trade idea.
The goal is 30 to 50% returns with a target hold of 3-5 days. If the option moves 40% on day one then you can be your tush I’ll be selling!
I’d love to have you check out our special launch pricing right on this page here.
Just $97 dollars for a FULL YEAR which is a steal if you ask me.
This deal closes in just a few days so if you’re interested then I suggest you get your hands on it RIGHT NOW.
My next trade idea is just a couple days away so this could be the best time to get in and get acclimated with the program, email system and real time buy / sell app alerts.
If you have any questions please feel free to call Davis Martin at 1-443-269-8824 or email him at [email protected]
Cheers!
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